Credit card debt in the United States has been growing at a fast pace between 2021 and 2024. In the third quarter of 2024, the overall amount of credit card debt reached its highest value throughout the timeline considered here. COVID-19 had a big impact on the indebtedness of Americans,...
Credit card debt in America has reached unprecedented levels, with total consumer credit card balancessurpassing $1.17 trillion in 2024. This marks a concerning increase from the previous quarter and signals that more Americans are relying on this type of short-term borrowing right now. Perhaps more...
Stay on top of the latest credit card trends by exploring our proprietary data and industry reports curated by our team of experts.
Recommended statistics Credit card penetration Credit card debt (Credit) card acceptance Credit card transactions Credit card spending Credit card usage Credit cards in circulation Credit card fraudKey insights Country with highest credit card penetration in the world Credit card market share for in-...
Average Credit Card Debt in America in 2025 By: Ashley Fricker, 6/27/2023 Credit card debt in America is seeing an unprecedented rise. And not just in the total amount owed, but also in the interest being charged to cardholder accounts. Between record inflation in 2022 and the cost of ...
Credit Card Statistics on Average Debt in America — $2,810 Per Person and Over $6,000 Per Cardholder Our recentanalysis of U.S. credit card debt trendsfound that Americans’ total outstanding credit card debt is $930 billion as of Q2 2022 (and rising). Divided by the approximate U.S....
The average credit card debt in America is $6,028 per person. We dive deeper into the facts behind this number. Read on to see how you compare.
11 Credit Card Habits You Need to Break Now By: Andrea Woroch, 2/6/2025 Dramatic price hikes across consumer goods and services since inflation began surging in mid-2021 have prompted people to take on record credit card debt — growing to $1.17 trillion at the end of 2024, as the ...
Credit Card Debt in America Credit card debt is one of this nation’s leading internal problems, and it has been for around the last 3-4 decades. When credit was first introduced, and up until around the late 1970’s up to today, the standards for getting a credit card were very high...
Eliminate credit card debt | Use the resources at Bills.com to get rid of your credit card debt, whether on your own or with professional assistance.Read more Control Credit Card Debt Bills.com TeamDecember 1, 2010 Find credit card debt info and statistics at Bills.com -- your one stop ...